Jim Cramer - Mad Money D-Wave Quantum QBTS-N DON'T BUY Dec 18, 2024

Quantum computing now is in a classic hype cycle. Don't take any options. Take some profits. There's a lot of volatility in this space; these companies are not profitable. But in a few years, you will wish you had got in on the ground floor.

Quantum computing now is in a classic hype cycle. Don't take any options. Take some profits. There's a lot of volatility in this space; these companies are not profitable. But in a few years, you will wish you had got in on the ground floor.

Nvidia CEO, Jensen Huang, said that quantum computing has a long way to go, which crushed quantum computing stocks today. This sector got overheated. These stocks have even more downside ahead. They're losing tons of money and have zero or very little revenue. Frothy and excessive. It's not too late to sell.

In quantum computing, follow this company. Doesn't know of an ETF in this sector; it's too early. Quantum is way too early. Earnings aren't there yet. The hype has made this sector volatile.